In this episode, FCIA Ling Guo offers her insights on how AI has started to impact actuarial work and where it can go from here.
Bridging the gap: constructing mortality tables using data science
By Mayur Shah, FCIA For life insurance and reinsurance companies, mortality tables are foundational in the pricing and valuation of products. Actuaries have historically relied on traditional methods to build these tables, using data points such as gender, smoking status, age and duration. However, as data science techniques have advanced, there is a significant opportunity to re-imagine the task...